Not Delhi, Bangalore, Hyderabad, or Mumbai, but very soon the city of Bhubaneswar is going to emerge as the new IT center of the country. Soon the city of Bhubaneswar is going to be recognized as the new IT center of the country. The new IT policy of the Government of Odisha for development in the information application sector is going to be very effective for this.
At present 110 IT institutes are functioning in Bhubaneswar only and in the whole of Odisha, the number is 150. Here skilled human resources, simple industry policy, and IT institutions are attractive. As a result, the chances of getting an appointment with the technical knowledge-rich youth of Odisha have increased not in any other state or city but in Odisha itself.
According to the information, software export from Odisha has increased 10 times in the last 20 years. In the 2001 financial year, software exports from Odisha were only Rs 200 crore, while in 2020-21 it has reached Rs 2401.35 crore. Recently registered software organization near Software Technical Park of India (STPI) in Odisha has exported software abroad.
The work of IT organizations started in Odisha in the 90s. Gradually some major IT institutions started functioning in Bhubaneswar. Companies like Infosys Wipro, Satyam, TCS, IBM, Tech Mahindra, and Mind Tree are developing software. Recently, information was given by the government about the opening of its office in Odisha by an international company like Deloitte. There are many small software companies operating in the cities like Berhampur, Bhadrak, Baleshwar, Sambalpur, Rourkela, Cuttack, etc.
For the development of the IT sector in Odisha, the government is constructing the second Infocity on 250 acres of land, while the Ocak Tower is being constructed on 2.30 lakh square feet near Acharya Vihar Chowk. Many IT companies are working in this building constructed with an expenditure of Rs 46 crores. An incubation center has also been set up here.
The state government has already announced to development of Odisha as a data hub by 2025. O Hub has been inaugurated last year to encourage startup organizations, whose construction work is going on a war footing. Recently the Odisha cabinet approved the Data Center Policy 2022. In this policy, along with land, electricity, and capital subsidy to IT institutions, the state government has also made a provision to waive GST.